UK has become the epicentre of WhatsApp scams in Europe April 1, 2025 The UK has become the epicentre of WhatsApp scams in Europe, with British consumers losing more money on the platform than in any other country. Analysis compiled by Revolut revealed that in 2024, WhatsApp fraud accounted for 21 per cent of all reported scams in the UK, with victims losing an average of £2,437 per [...]
Barclays, NatWest, Citibank, JPMorgan: Major British banks take forex rigging case to Supreme Court April 1, 2025 Central British banks, including Barclays and NatWest, will be at the Supreme Court today, aiming to overturn a decision in the forex rigging case.
What’s next for Primark after shock CEO resignation? March 31, 2025 The surprise resignation of Primark’s boss, Paul Marchant, due to poor social conduct has caused shockwaves across the retail industry. Marchant’s departure was promoted by an investigation by Primark’s owner ABF into the CEO’s behaviour towards a female individual, which Marchant called an ‘error of judgement’. Chief executive of ABF, George Weston, said he was [...]
Motor finance: Lloyds, Close Brothers and Santander brace for ‘shockwaves’ March 31, 2025 Judgement day nears for some of the UK’s biggest lenders as the motor finance scandal heads to the country’s highest court this week. The Supreme Court will decide whether to uphold the Court of Appeal’s October ruling that it was unlawful for banks to pay a commission to a car dealer without the customer’s informed [...]
Billions on the line: Legal showdown over motor finance set to decide lenders’ fate March 28, 2025 Lenders sit in shark-filled waters with their fate in the hands of five Lord Justices as parties prepare for a showdown over motor finance on Tuesday
FNB to replace MTN as sponsor of South Africa Rugby’s Springboks March 25, 2025 Rugby world champions South Africa will unveil First National Bank (FNB) as its new front-of-shirt sponsor after ditching MTN, City AM understands. The Springboks announced on Tuesday that an eight-year partnership between the team and the mobile telecommunications provider had concluded following a spell that saw the senior men’s team win back-to-back Rugby World Cups [...]
Coca-Cola could return as major Premier League partner March 25, 2025 Soft drinks giant Coca-Cola could return as a major Premier League commercial partner having left the English top flight in 2022. The US firm is reportedly in talks with the Premier League over a multimillion pound agreement. The deal could be passed at a Premier League shareholder meeting later this week, Sky News’ Mark Kleinman [...]
Rachel Reeves takes leaf out of gardening manual– but don’t expect flowery days to come March 24, 2025 Gardening is typically something career politicians only enjoy once they have retired. But Rachel Reeves appears to be paying homage to the green-fingered guru Alan Titchmarsh in the lead-up to her Spring Statement to be delivered this Wednesday. In one video viewed 111,000 times on Youtube, Titchmarsh offers a tutorial on how to get “free [...]
Former City traders set for Supreme Court showdown March 24, 2025 Former City traders convicted of the rate-rigging scandal are now playing their last card this week by taking their case to the highest court
Banks turn to AI to lead fraud prevention efforts March 23, 2025 As Britain’s biggest banks scale up their technology, lenders are turning to AI to fight fraud, a new report has found. NTT Data’s ‘Banking Trends 2025’ report found over half of UK banks thought generative AI was key to fraud prevention. Lenders have been urged to up their consumer protection abilities after Chair of the [...]